Calculation of Earnings Per Share

9 Months Ended

Sep. 30, 2025

Earnings Per Share [Abstract]

Calculation of Earnings Per Share

Calculation of Earnings Per Share

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2025		2024		2025		2024
(dollars in millions, shares in thousands (except per share data))
Calculation of Basic Earnings Per Share:
Net Income	$	19.4	$	17.5	$	94.2	$	81.9
Weighted average shares outstanding	23,526		22,501		23,265		22,346
Basic Earnings Per Share	$	0.82	$	0.78	$	4.05	$	3.67
Calculation of Diluted Earnings Per Share:
Reconciliation of Denominator:
Weighted shares outstanding—Basic	23,526		22,501		23,265		22,346
Effect of dilutive securities—Share-based compensation	103		63		95		56
Adjusted denominator—Diluted	23,629		22,564		23,360		22,402
Diluted Earnings Per Share	$	0.82	$	0.78	$	4.03	$	3.66